4//SEC Filing
WESNER BLAINE F 4
Accession 0001181431-09-056464
CIK 0000866830other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 5:12 PM ET
Size
15.1 KB
Accession
0001181431-09-056464
Insider Transaction Report
Form 4
PACITTI CHRISTOPHER A
10% Owner
Transactions
- Other
6% Convertible Debentures due December 31, 2010
2009-12-10−214,257→ 0 total(indirect: See footnote)Exercise: $30.00From: 2008-07-14Exp: 2010-12-31→ Common Stock (214,257 underlying)
THORNTON JOHN D
10% Owner
Transactions
- Other
6% Convertible Debentures due December 31, 2010
2009-12-10−214,257→ 0 total(indirect: See footnote)Exercise: $30.00From: 2008-07-14Exp: 2010-12-31→ Common Stock (214,257 underlying)
DEANGELIS KENNETH P
10% Owner
Transactions
- Other
6% Convertible Debentures due December 31, 2010
2009-12-10−214,257→ 0 total(indirect: See footnote)Exercise: $30.00From: 2008-07-14Exp: 2010-12-31→ Common Stock (214,257 underlying)
WESNER BLAINE F
10% Owner
Transactions
- Other
6% Convertible Debentures due December 31, 2010
2009-12-10−214,257→ 0 total(indirect: See footnote)Exercise: $30.00From: 2008-07-14Exp: 2010-12-31→ Common Stock (214,257 underlying)
AUSTIN VENTURES VIII LP
10% Owner
Transactions
- Other
6% Convertible Debentures due December 31, 2010
2009-12-10−214,257→ 0 total(indirect: See footnote)Exercise: $30.00From: 2008-07-14Exp: 2010-12-31→ Common Stock (214,257 underlying)
AV PARTNERS VIII LP
10% Owner
Transactions
- Other
6% Convertible Debentures due December 31, 2010
2009-12-10−214,257→ 0 total(indirect: See footnote)Exercise: $30.00From: 2008-07-14Exp: 2010-12-31→ Common Stock (214,257 underlying)
ARAGONA JOSEPH C
Director10% Owner
Transactions
- Other
6% Convertible Debentures due December 31, 2010
2009-12-10−214,257→ 0 total(indirect: See footnote)Exercise: $30.00From: 2008-07-14Exp: 2010-12-31→ Common Stock (214,257 underlying)
Footnotes (4)
- [F1]Represents the total number of shares of Common Stock underlying all such Convertible Debentures, assuming all such Convertible Debentures were converted immediately at the conversion price of $30 per share, and takes into account the October 2009 1-for-12 reverse stock split and the June 3, 2009 working capital adjustment. The Convertible Debentures reported hereunder represent an aggregate principal amount of $6,427,723.52, to include such Covertible Debentures that were held in escrow pursuant to the terms of the merger agreement.
- [F2]An aggregate amount of $5,284,660.02 was paid by the Issuer to pay off the Convertible Debentures, representing $5,142,178.82 to pay off the principal and $142,481.20 to pay off accrued interest.
- [F3]Shares held directly by Austin Ventures VIII, L.P. AV Partners VIII, L.P., the sole general partner of Austin Ventures VIII, L.P., may be deemed to be an indirect beneficial owner of the reported shares of such entity but disclaims beneficial ownership in the shares held by the joint filers, except to the extent of any pecuniary interest therein. Jospeh C. Aragona, the Designated Filer, and each of Kenneth P. DeAngelis, John D. Thornton, Christopher A. Pacitti and Blaine F. Wesner are general partners of AV Partners VIII, L.P., and each may be deemed the beneficial owner of the reported shares of these entities but disclclaims beneficial ownership in the shares held by the other joint filers, except to the extent of any pecuniary interest therein.
- [F4]On December 10, 2009, the Issuer and Austin Ventures VIII, L.P. entered into that certain Senior Secured Convertible Note Payoff Agreement, whereby the Issuer agreed to payoff the Convertible Debentures for a price equal to 80% of the principal and 100% of the interest then due and outstanding on the Convertible Debentures.
Documents
Issuer
ENTORIAN TECHNOLOGIES INC
CIK 0000866830
Entity typeother
Related Parties
1- filerCIK 0001254928
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 5:12 PM ET
- Size
- 15.1 KB